Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-05-21-Speech-3-232"

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". − Mr President, ladies and gentlemen, I voted in favour of the Klaus-Heiner Lehne report on a ‘simplified business environment for companies’ because I was convinced of the need for ‘new’ reforms in company law, accounting and auditing. Company law is now strongly and, in my view, positively influenced by European rules. We must prevent this from imposing unnecessary, excessively bureaucratic requirements while avoiding overlap with burdens which are already imposed under national rules. These reforms will have to be aimed at making for easier reading of the applicable rules and reducing bureaucratic and administrative burdens, especially in accounting. Simplification will be to the great benefit of undertakings, especially SMEs which as a general rule do not have large legal and accountancy departments. I am convinced that understandable rules which are easy to apply will first and foremost foster compliance with the law. At the same time, through clear rules which are easy to identify, the creation of a positive, active economic environment will be fostered. I believe that the work both of the committee involved and of the rapporteur, Mr Lehne, has resulted in a fair compromise between requirements to comply with the principle of subsidiarity and the creation of a harmonised route for Member States which are engaged in a joint effort to simplify company rules at European level. We must avoid creating bureaucratic obstacles which serve to muzzle dynamism and entrepreneurship to the point of suffocating them."@en1

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